noida builders and realtors

The Insolvency and Bankruptcy Code places consumers right at the end of the queue when it comes to distribution of assets if a company is liquidated, a fault the corporate ministry might correct soon. According to media reports, proposed amendments by a panel will be presented before the ministry to improve the resolution mechanism. Homebuyers could be brought in the category of secured financial creditors in insolvency proceedings.

The current market will wipe out many inexperienced brokers who jumped into this business just to make easy, big bucks. This will present an opportunity to those who are dedicated and have gained rich experience in providing housing solutions to end-users.

Because of a slowdown in sales, the rising cost of construction and labour, the developers have been hit hard. The burden of the borrowings taken at high interest rates have further eaten into their profitability or have been passed on to the homebuyers. As the Union Budget will be presented on February 1, the real estate stakeholders are now putting forth their wishlist, hoping for some concessions and an industry status.

Here is a list of 20 real estate jargons you would here while buying a home.

Mumbai is called as the city of dreams as it offers plethora of opportunities to people to make a decent living. Over the years Mumbai real estate prices have gone up and properties here have become the most sort after in India. With the delay in project execution over the past few years has make home buyers opt for ready to move in properties.